Judd Gregg, Senate author of TARP bank bailouts which picked bank winners, calls Trump conservative in name only

Judd Gregg's idea of a conservative president is one who abandons free market principles in order to save the free market system.

Pot, meet kettle, kettle, pot:

There is probably nothing short of runaway inflation that does more damage to a market economy than to have the government pick who is going to be successful and who is not. It perverts the fundamental purpose of a free market, which is to allow the forces of private exchange to decide the winners and losers in commerce.

That idiot Republican Judd Gregg of New Hampshire thinks Woodrow Wilson changed America for the better

He's also the idiot who wrote the TARP bailout.

And now he's the idiot who blames the Baby Boom for the programs bankrupting America: Social Security and Medicare, which pre-date it and were passed by spendthrift Democrats.

Here.

Blown Prediction Of Doomsday Award Goes To Republican TARP Author Sen. Judd Gregg

The blown prediction of doomsday award for 2012 goes to former Senator Judd Gregg, Republican author of TARP, who opined in July (here) that September was likely to be a month where we might again come close to total economic collapse.

Oh well. There's always Octember. After which comes Novonder.

As we all know:

MINISTER OF PROPAGANDA to DICTATOR HAILSTONE:

"Yah, you were gonna Blitz-Kreeg Great Mitten by the middle of August!"

FIELD MARSHAL HERRING to DICTATOR HAILSTONE:

"Then you said, Septober, then Octember, it's now in the middle of Novonder, and we ain't there yet!" -- The Three Stooges, "I'll Never Heil Again" (1941, here)

TARP averted nothing. And now nothing has averted nothing.

Aren't you glad he was in charge?

Republican Judd Gregg, Author Of TARP, Now Promotes Superstition

What an embarrassing load of claptrap, here, from the Republican author of TARP, without any basis in facts, just pure superstition about dates, which is just a cover for the real point of the article, a weaseling defense of TARP in the face of Neil Barofsky's critical book on the subject, being released this week:

September is a month where unusual and often extremely damaging things seem to happen. It is the month that kicked off the Great Depression and led to Black Monday a month later. It also is the month in which, in 2008, the nation came close to a total economic collapse. ...

[T]here have been numerous sharp stock market downturns in September. Why these events seem to crowd into September is a subject of a great deal of conjecture.  There is no consistent answer. But it seems September is the point in the year where people assess where they have gone, and what the next year will be like, and make investment decisions based on their conclusions. ...

Unfortunately, this year, September may be a decisive month for the world and our nation’s economy. ...

This will probably be undeniably clear by September. ...

Not long, one suspects. September. ...

September has been a good time for such a reaction. ...